economic policy



Minitrue: Walk Back on “Street Vendor Economy”

The following censorship instructions, issued to the media by government authorities, have been leaked and distributed online. The name of the issuing body has been omitted to protect the source. All previously posted content on...

Chinese SOEs Major Losers in 2012

The Economist highlights a new book on the scale and effects of subsidies to China’s state-owned enterprises, which its authors estimate amounted to more than $300 billion between 1985 and 2005: The Chinese government does...

CDT Money: Time to Call the Bottom?

A breeze of cautious optimism wafted into the Chinese economy this week despite a seventh consecutive quarter of slowing GDP growth, as better-than-expected September data signaled that the world’s second largest economy...

Do New Policies Signal Road to Recovery?

Bloomberg reports that the Chinese government has approved plans to build over 2,000 kilometers of roads as it aims to reverse slowing economic growth: The projects include highways in Zhejiang and Xinjiang provinces, according...

Patrick Chovanec: Am I a China Bear?

Tsinghua University economics professor Patrick Chovanec introduces a series of posts examining current “conventional wisdom” on China’s economy with an explanation of his own perspective. There are two schools...

Possible Stimulus of an Unknown Size

A recent slowdown in manufacturing prompts the Chinese government to consider policy action. The Economist ponders the government’s next macroeconomic move. While the government promised to inject more money, the precise...

State Capitalism: Reason for Worry?

Founder and editor-in-chief of Caixin and Century Weekly Hu Shuli warns that China’s current system of state capitalism is both politically and economically unhealthy. From Caixin, via South China Morning Post: The...

Exports and Imports: The Chicken and the Egg

While Hu Jintao has pledged to boost imports to offset weakening global demand for Chinese exports and the sharpest cutback in in manufacturing since the 2008 financial crisis, a New York Times report warns that other Asian...



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